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Colliery Road, Wolverhampton, West Midlands, WV1 - Image 1
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Colliery Road, Wolverhampton, West Midlands, WV1

West Midlands

£145,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
855 sqft

Description

Nestled in the Eastfield area of Wolverhampton, this three-bedroom terraced property on Colliery Road presents a unique opportunity for those interested in renovation and investment. With solid construction and a practical layout, the home is well-positioned to become a personalized living space or a lucrative investment in a developing neighborhood. The ground floor features a welcoming hallway that leads into a bright lounge, creating a versatile area suitable for daily life. Adjacent to the lounge is a functional kitchen that offers plenty of room for modernization, allowing you to reimagine it according to your preferences. A convenient guest W.C. rounds out the downstairs layout. Upstairs, you'll find three generously sized bedrooms and a family shower room, providing ample space for family living or rental potential. The property enjoys the benefits of gas central heating and double glazing throughout, promoting energy efficiency. Outside, both front and rear gardens offer possibilities for outdoor enhancement or landscaping. The private rear garden is especially noteworthy as it provides an ideal setting for future development—perhaps even an extension—subject to planning permissions. The location adds significant value to this property. Just over a mile from Wolverhampton's city center, you will enjoy easy access to shops, restaurants, and cultural attractions. The neighborhood is well-serviced by public transport options, including regular bus routes and Wolverhampton Rail Station nearby. This makes commuting straightforward with direct links to Birmingham, London, and beyond. Eastfield Primary School and Thomas Telford UTC are within walking distance, making it attractive for families seeking educational options. Additionally, healthcare needs are conveniently met by local facilities such as East Park Medical Practice and New Cross Hospital. For leisure activities, Bentley Bridge Retail Park is just a short drive away and features various high street stores, dining options, and entertainment venues like a cinema. Nearby East Park offers green spaces ideal for outdoor activities with family or friends. With its robust structure and spacious interior coupled with an advantageous location, this property holds considerable promise for buyers ready to invest time and effort into renovations or seeking an income-generating asset in an up-and-coming area.

Investment Analysis

(WV1 area)

Below Market Value

This property is priced -9.6% below area average per sq ft

-9.6%
Potential saving
This Property
£170/sq ft
Area Average
£188/sq ft
Avg Rent (weekly)
£197
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£176,391
10% above area average per sq ft
Potential ROI
+0.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (WV1)

Area prices are falling by +10.1% over the last 12 months
3 year growth: 6.2%
5 year growth: 22.1%
Investment Disclaimer: Analysis based on WV1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Colliery Road, Wolverhampton, West Midlands, WV1
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